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HC quashes ST order & remitted back to file of Commissioner for hearing

July 13, 2021 489 Views 0 comment Print

Tamil Nadu Generation and Distribution Corporation Ltd. (TANGEDCO) Vs Principal Commissioner (Madras High Court) The present Writ Petition is filed challenging the Order-in Original passed by the respondent on 15.09.2018. 2. The contention of the learned counsel for the petitioner is that the petitioner has not submitted their explanation or defence statement and requested time […]

GST: Defence formation & Ordnance factories- E-way bill applicability, ITC

July 13, 2021 10185 Views 0 comment Print

Whether the exemption to a ‘defence formation for preparation and generation of E – way bills is applicable to Ordnance factories & other Central Government & Public Sector Undertakings (PSU’s) that function under the Ministry of Defence. Government of India?

Online/Offline tending – Is it Supply of Service & GST Applicability

July 13, 2021 1680 Views 0 comment Print

In re Maharashtra State Dental Council (GST AAR Maharashtra) Question 1:- Whether online tending to be considered as Supply of Goods or Supply of Service? Answer:- Online tendering will be considered as Supply of Services. Question 2:– Whether offline tendering to be considered as Supply of Goods or Supply of services? Answer:- Offline tendering in its entirety involving […]

CBDT Chairman to Speak on 15th July, 2021 on Youtube & Facebook

July 13, 2021 1503 Views 0 comment Print

Inaugural Session of Samvaad with Chairman, CBDT– The Chairman Speak on 15th July, 2021 at 01:00 PM – Streaming on Official YouTube Channel and Facebook Page of the Department

Shri Rao Inderjit Singh takes charge as Union Minister of State in Ministry of Corporate Affairs

July 13, 2021 1119 Views 0 comment Print

Shri Rao Inderjit Singh took charge as Union Minister of State in the Ministry Corporate Affairs (MCA), here today. Before taking charge as Union Minister of State for MCA, Shri Singh already holds Union Minister of State (Independent Charges) for Ministry of Statistics and Programme Implementation as also for the Ministry of Planning.

No TDS on Purchase of software licenses with associated hardware from Foreign Companies

July 12, 2021 20943 Views 0 comment Print

Autodesk Asia Pte Limited Vs DCIT (ITAT Bengalore) The assessee is a Singapore based company, a subsidiary of Autodesk US and the headquarters for Asia-Pacific (APAC) region. It is engaged in the business of manufacturing, designing and supporting computer software and related Autodesk products in the APAC region. It performs or manages activities related to […]

Notional rent not leviable if a flat is inhabitable and in a ruinous condition

July 12, 2021 2079 Views 0 comment Print

Explore ITAT Mumbai’s rulings in Amit Jalan vs ACIT cases, covering issues like notional rent for vacant flats and municipal ratable values.

Update on New Income Tax eFiling Portal

July 10, 2021 1998 Views 6 comments Print

Update on New Income Tax eFiling Portal : ICAI is continuously engaged as a stakeholder in streamlining the Portal. We sincerely believe that our concerted actions will help in delivering a glitch free & effective eFiling portal for public use soon. The Institute of Chartered Accountants of India Members may recall the meeting chaired by […]

Guidance note for companies undergoing Corporate Insolvency Resolution Process

July 9, 2021 3933 Views 0 comment Print

Insolvency professional is required to ensure that the company complies with the applicable laws, including SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2018.

HC accepts plea challenging notification allowing issue of section 148 notices after 31-03-2021 

July 9, 2021 4665 Views 0 comment Print

Sahil International Vs ACIT (Bombay High Court) 1. Mr. Jain, learned counsel for the Petitioner states that despite enforcement of the amended Income Tax Act, 1961 with effect from 01.04.2021, the Respondents purport to invoke repealed provisions of Section 148 of the Income Tax Act without following provisions of amended Act, issuing notice dated 07.06.2021. […]

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